Bernstein analysts predict that MicroStrategy, now known as Strategy, could amass over 1 million Bitcoin (BTC) by 2033, potentially holding 5% of BTC's total supply.
Bernstein assigns an 'outperform' rating to Strategy's stock (MSTR) with a price target of $600, indicating a potential upside of 75% from its current trading level.
Bitcoin is projected to reach $200,000 by the end of 2025, $500,000 by 2029, and $1 million by 2033, reflecting a potential 1,044% increase in the next 8 years.
Strategy's Bitcoin holdings could increase to represent 5.8% of the current circulating supply, up from 2.5% at present, assuming favorable market conditions.